Which of the Following Is True of a Product Life

question 54

Multiple Choice

Which of the following is true of a product life cycle?

• A)Products in the online environment do not follow the product life cycle approach.
• B)Product life cycle analyzes the reasons for a product's decline and failure in the market.
• C)Marketers use the product life cycle to manage a product from its launch to its decline.
• D)Product life cycle begins with the maturity and growth of a product in the market.

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Definitions:

Industrial Products Salesperson

A professional responsible for selling goods and services used in manufacturing or industrial processes.

Aluminum Cans

Lightweight, durable containers made from aluminum, commonly used for packaging beverages and food products because of their recyclability.

Account Representative

A professional responsible for managing and maintaining the relationship between a company and its clients or customers.

Sales Engineer

A professional who sells complex scientific and technological products or services, often requiring specialized knowledge.